By FX Empire.com NZD/USD rose during the session on Tuesday, but fell just short of the 0.8000 level. The pair looks like it needs to overcome this area in order to resume any real bullish action. The area looks very resistive,...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract broke out on Monday, and Tuesday saw the continuation of the bullish run in this market. With the $95 level now below us, the $100 level almost certainly looks to be retested...
Read MoreBy FX Empire.com Natural gas markets bounced for the Tuesday session, popping back up to retest the $3.75 area. The area was previously support, so to see it hold as resistance would be a hugely bearish signal and quite welcomed...
Read MoreBy FX Empire.com The gold markets fell a bit on the session for Tuesday as traders managed to break through the $1,800 mark, and took profits. The market has been quite bullish recently, and a pullback and rest would be ideal...
Read MoreBy FX Empire.com Natural gas prices fell on Tuesday on speculations supply of natural gas will reach or surpass a record before the beginning of the winter season, as natural gas stockpiles are expected to reach 3.84 trillion...
Read MoreBy FX Empire.com Gold prices slightly fell on Tuesday, as rising equity markets spurred demand for higher yielding assets, which weighed down on gold prices. Nonetheless, the losses were limited as traders were still concerned...
Read MoreBy FX Empire.com The USD/CAD pair was little changed on Tuesday, as rising fears that Italy could be next victim of the European debt crisis overshadowed better than expected housing starts in Canada. Fears from the EU debt...
Read MoreBy FX Empire.com Crude oil prices gained on Tuesday, as strong seasonal demand for heating oil, low gasoline inventories in Europe, low distillate inventories in the United States, China turning into a net importer of diesel,...
Read MoreBy FX Empire.com Better than expected earnings from European companies spurred demand for higher yielding assets on Tuesday ahead of a key vote on budget in Italy, which also holds the key to Berlusconi’s future as Italian...
Read MoreBy FX Empire.com The EUR/USD pair fell on Monday, only to bounce later in the US session. Even with a failed EFSF bond auction, the Americans continue to buy the Euro. The pattern is becoming obvious: Europeans sell, Asians...
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